NEWPORT NEWS SCOTTISH RITE FOUNDAT… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Bruce Edwards

Phone

7575812031

Tax Period

2025-01-01 to 2025-12-31

NEWPORT NEWS SCOTTISH RITE FOUNDATION, founded in 2018, is a small nonprofit in the Education sector that reported $194K in total revenue in fiscal year 2025. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 37% operating margin.

Mission

To establish conduct maintain and promote any support for children in general but more especially for children with language disorders.

Program Service Accomplishments

Program 1

Expenses: $3,000 Revenue: $0

Contributed to a graduate scholarship with the Tidewater Scottish Rite Foundation to be used at Old Dominion University in the Communication Speech Language Pathology Curriculum

Program 2

Expenses: $2,191 Revenue: $0

Contributed to the Scottish Rite Foundation of Virginia in support of the Rite Care philanthropy.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $83,093

Program Service Revenue $0

Investment Income $12,500

Other Revenue $98,454

TOTAL REVENUE $194,047

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,191

Other Expenses $118,929

TOTAL EXPENSES $121,929

Year-over-Year Comparison

	2025	2024	Change
Revenue	$194,047	$126,397	+0.5%
Expenses	$121,929	$90,922	+0.3%
Net Income	$72,118	$35,475	+1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bruce Edwards	President	10.00	Director	$0	$0	$0
Stephen F Dowd	Secretary	10.00	Officer	$0	$0	$0
John R Goodwin	Director	1.00	Director	$0	$0	$0
Paul Rosensteek	Director	1.00	Director	$0	$0	$0
George Winslow	Director	1.00	Director	$0	$0	$0
Hilton Maney	Director	1.00	Director	$0	$0	$0
J Richard Rawls	Treasurer	10.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$194,047	$121,929	$424,445	$72,118

NEWPORT NEWS SCOTTISH RITE FOUNDATION